TPP could force Australia to American-style health system

Mon, 29/06/2015 - 12:09 — smashdracs

Few Australians would see America's healthcare system as one we'd choose to emulate. But obligations we acquire via the Trans Pacific Partnership Agreement could drive us inexorably towards the US model. And on Wednesday, the US Congress granted President Obama "fast track" negotiating authority – so the conclusion of the TPP is now in sight.

In the US, healthcare costs more, per person, than anywhere else in the world. In 2013 it accounted for more than 17 per cent of GDP, close to double Australia's 9.0 per cent. And America spent a staggering $US5,149 more per person than Australia – more than twice our per capita expenditure.
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